Tse Alan K 4

What Happened
Alan K. Tse, Chief Legal Officer of Jones Lang LaSalle Incorporated (JLL), had restricted stock units (RSUs) convert into 6,405 shares of JLL common stock on February 15, 2026. Of those, 2,340 shares were withheld to cover tax liabilities at a reported price of $289.15 per share (total withholding value $676,611), leaving a net increase of 4,065 shares retained by Mr. Tse. The RSU conversions are recorded as derivative conversions (code M) and the share withholding for taxes is recorded under code F.

Key Details

• Transaction date: February 15, 2026. Report filed February 18, 2026. No late-filing flag provided in the supplied data.
• Reported market price used for withholding: $289.15 per share.
• Gross shares converted: 6,405 (1,070 + 3,903 + 1,432).
• Shares withheld for taxes: 2,340 (475 + 1,230 + 635) — withholding value ≈ $676,611.
• Net shares retained: 4,065, with an approximate market value of $1.175M (based on $289.15).
• Footnotes explain the source of the RSUs: grants from Apr 2023 (3,903 RSUs, fully vesting 2/15/2026), Apr 2024 (4,297 RSUs, one-third vesting 2/15/2025–2027), and Apr 2025 (3,211 RSUs, one-third vesting 2/15/2026–2028). F1 notes RSUs convert to an equal number of common shares.
• Filing shows conversion and share-for-tax withholding (cashless tax withholding), not an open-market sale.

Context
These transactions reflect RSU vesting and standard tax-withholding via share surrender (common for executive equity awards). This is an award/vesting event rather than an open-market purchase or sell that would indicate a trading decision. For exact post-transaction holdings, review the full Form 4 filing (the provided summary does not state total shares owned after the transactions).